SA-315 in 8 words........

1994 views 19 replies

                                                       

SA-315

 

The gist is                  MD           ka                POWDER

 

 


M--------Material misstatement risk assessment

 

D--------Definition

 

 

 

 

                                         Ka

 

 

P--------Procedure of risk assessment & related activity

 

O-------Objective

 

W-------Weakness in internal control

 

D--------Documentation

 

E--------Entity & its environment understanding including the internal control

 

R--------Relevant controls understanding and its nature & extent

 

Replies (19)
gr8

osam

thanks muskan and rohit.............

super

thanks hari......

Quite good as it would help in last minutes before exams for revisions.

Good work Mr. Arvind.

Keep it up....


thanks kalpesh........

good & thnx

thanks for compliment sahil.........

thanks for compliment sahil.........

any query regarding audit is welcomed............

nice.

well done... thanks..

Wow!! Thnx!!!!!

thanks


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